WATERLOO ICT CLUSTER

WATERLOO ICT CLUSTER By: Robert Lee MRK 625

DEFINING CLUSTER ,[object Object],[object Object]

MAJOR ICT CLUSTERS ,[object Object],[object Object],[object Object],[object Object],[object Object]

WATERLOO ,[object Object],[object Object],[object Object],[object Object],One of Canada’s fastest growing communities Voted among the “Top 7 Intelligent Communities” in the world by Intelligent Community Forum “ Commitment to fostering institutions that drive technology innovation and share its benefits with the community at large.”

MAIN CLUSTER STATISTICS Sector Number of Firms Employees Companies within given sector. High Tech (area of focus) 400 18 000 RIM, Open Text, Electrohome, Christie Digital, COM DEV International, AGFA Healthcare NCR Automotive (second largest) 450 10 000 Toyota, A.G. Simpson , Automation Tooling Systems (ATS), Canadian General-Tower Advance Manufacturing (largest) 1200 61 000 Babcock & Wilcox, Brock Solutions Canadian General-Tower, COM DEV Business/Financial 12 7 000 Sun Life Assurance of Canada, Manulife Financial, Equitable Life Insurance Business Process Outsourcing 65 1 000 Nordia, IBM, Rogers, AT&T, World Access Canada Biotech and Life Sciences 140 4 500 3L Filters, Agfa Healthcare, Agribiotics , ARISE Technologies, Conestoga Rovers

MAIN CLUSTER STRUCTURES ,[object Object],[object Object],[object Object],[object Object]

COMPETITOR: SILICON VALLEY ,[object Object],[object Object],[object Object],[object Object],Silicon Valley continues to be the leading high-tech hub because of its large number of engineers and venture capitalists. From 2007 to 2008, California’s GDP increased 3%

DESCRIPTION OF SILICON VALLEY ,[object Object]

COMPETITOR: TORONTO ,[object Object],[object Object],[object Object],“ Our vision is that the Toronto Region will become, and be acknowledged globally, as one of the 5 most innovative, creative and productive locations in the world for ICT research, education, business, and investment by 2011.” – ICT TORONTO

CLUSTER RECOMMENDATION FOR WATERLOO ,[object Object],[object Object],[object Object],SHORT TERM

CLUSTER RECOMMENDATION FOR WATERLOO LONG TERM ,[object Object],[object Object],[object Object]

WATERLOO ICT CLUSTER

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